Facebook vs. YouTube: Which One’s Worth More?

Which one’s worth more, Facebook or YouTube? People are staking out entertaining positions on the subject, with, for example, Scoble on one side and Don Dodge on the other.

I’ll settle the debate: YouTube is worth more than Facebook. What’s more, Google actually got a fairly good deal. There are many reasons, including that Facebook’s users graduate in cohorts, and YouTube copyright worries are vastly (vastly-vastly) overdone.

I’ll post something more on this later today, including some slides from a presentation I’m doing shortly wherein I flesh out my views in more detail.